SBI Demat Account

SBI Capital Securities, is a 100% subsidiary owned by SBI Capital Markets. Their services include Retail equity, Broking, institutional equity and Depository Participant services. They provide online trading services to retail customer at http://www.sbismart.com. Online you can trade with them in equity, future and option and currency. They also provide Mutual funds buying service and IPO.

They have their own proprietary software called [email protected] which is provided to all the clients trading with them. The features provide by [email protected] are as follows:

They have also come up with an android app using which you can trade right from your mobile. There is no extra charge for using the same. You can create market watch on the app, trade using the app and see your holding all at one place. Even payout payin of funds is possible on the mobile app.

How to open Demat Account in SBI
Call them at phone number provided below and ask that you want to open an account with them.
1.Call on Toll free number: 1800-22-3345 to speak to a Customer Service executive
2.Land Line: 022-61536900 / 24231300
They will take your contact number and someone from marketing team will call you with details about account opening.

Conclusion
As they are a full service broker, there brokerage is on a higher side. So if you are someone who is just starting to trade or have a account with SBI and want to open Demat account with them, it is Ok. But there are much better options available in the market like Sharekhan or ICICIdirect who are full service and in case you want to pay lower brokerage and comfortable trading on your own, you can go with discount brokers like Zerodha or RKSV.